Constitution and Rules of MATRIXFREEDOM - PRIVATE MEMBERS ASSOCIATION
Interpretation, objects and purpose
1. Definitions
These definitions apply unless the context requires a different interpretation:
“Accounting Year” means the year beginning on 1st July, the date from which the accounts of the PMA will continue to be prepared.
“AGM” means the Annual General Meeting of the PMA.
“Committee” means the committee consists of Officers and Members to operate and manage the PMA.
“Confidential Information” means all information about the PMA and the Members but does not include information that it is reasonably necessary to disclose to a person in the usual course of dealing so far as that information is disclosed in those circumstances. It includes among other things: information about members, their personal contact information and businesses, PMA future plans and policies.
“EGM” means an Extraordinary General Meeting of the PMA and includes any meeting other than an AGM.
“Member” means any person who has been invited to and has active access to the MATRIXFREEDOM platform.
“Membership” means Membership of the PMA as set out in the Rules.
“Officer(s)” means the holder of any titled office of the PMA.
“Rules” means the rules of the PMA as set out in this constitution document as amended from time to time.
“Purpose” means to provide information and education on how to achieve living a financially abundant life.
“Solution/s” means a process or strategy that intends to provide financial abundance.
2. Name of the PMA
The name of the PMA is MATRIXFREEDOM – MATRIXFREEDOM is a division of MATRIXFREEDOM – PRIVATE MEMBERS ASSOCIATION, 124 City Road, London, EC1V 2NX – a member of the Light Energy Creations family. Our information platform provides education and are not intended as legal tax or financial advice. We do not provide any regulated services as defined in FSMA 2000.
3. Main Objectives and Purposes
The objectives of the PMA are:
To provide a platform for comprehensive information, education, mentorship and make introductions to approved or vetted parties that can assist with facilitated solutions, enabling members to operate as creditors for the creation of a financially abundant life.
To afford its members the means of knowledge and learning for the awakening of the financial abundance available, mutual consciousness, and mental and moral uplift.
To bring to the attention of and make accessible to members, a wide range of facilitated solutions to meet the varying needs of all the members to assist in the creation for a financially abundant life.
To maintain and develop the PMA platform and to provide the best possible information, education, learning and solutions for members.
The PMA may receive remuneration, directly or indirectly, from other parties.
Terms of Membership
4. Membership
Membership shall be open to any person over the age of majority in their country of residence who:
is interested in the purpose of the PMA or contributing in some way to its objects.
It is a condition of Membership that a Member shall always comply with the Rules of the PMA and promote the interests and objects of the PMA.
Any purpose provided by the PMA shall be managed as the Committee shall decide.
At any time when a Member uses the facilities provided by the PMA, in any capacity, they must comply with the Rules.
A Member cannot transfer Membership to any other person.
Any person may join the PMA by confirming that he will comply with these Rules supplemented by Non-Disclosure Agreement (“NDA”).
The Committee reserves the right to reject or accept the application for membership of the PMA at any time.
5. Subscriptions
Membership is free.
6. Default voting right
Unless otherwise specified in these Rules, Members who have proceeded with a Solution from an approved or vetted party shall be entitled to cast one vote at any meeting of the Members.
7. Privileged of Ordinary Members
Each ordinary Member shall be entitled to all the rights and benefits as set out in these Rules or otherwise provided by the Committee.
8. Resignation, suspension and expulsion
A Member may resign from the PMA by informing the Secretary in writing, through the platform, of their intention to do so. Their resignation will take effect immediately.
The Committee has the power to:
suspend (for a period not exceeding twelve months); or expel; any Member who infringes any of these Rules or whose conduct, (in the Committee’s opinion) is harmful to the good name of the PMA.
No Member shall be suspended or expelled without first being given the opportunity of being heard and to defend himself before the Committee.
Suspension or expulsion shall not be permitted without a vote of at least 75% of the members of the Committee.
A suspended member shall not be elected as an Officer nor be entitled to vote at any meeting.
Expulsion shall be permanent.
9. Confidentiality
Each Paid Member agrees and undertakes that they will comply with the PMA’s NDA and confidentiality.
Management of the PMA
10.Appointment and Removal of Officers
The Officer Roles shall be:
Chairman – Iain Clifford Stamp
Vice-Chairman
Secretary
Except for the Chairman, each office holder shall be appointed and removed by a vote of the Committee ratified only by 75% of the Officers.
11. Management of PMA
The Committee shall manage the PMA.
The Committee may appoint any number of members, including all of the officers.
The initial members of the Committee and their principal duties will be:
Chairman will be responsible for the strategic direction of the PMA, the chairing of all meetings
Vice-Chairman will be responsible for chairing all meetings in the absence of the Chairman
Secretary is responsible for memberships and minutes of meetings
12. Committee to take decisions collectively
The general rule about decision-making by the Committee is that any decision of the Committee must be a majority decision at a meeting.
A decision may not be taken in accordance with this rule if the eligible members would not have formed a quorum at such a meeting.
A decision of the Committee on any of the following matters must be ratified by a vote of at least 75 % of the Members in general meeting to:
change the Rules of the PMA;
change the constitution of the PMA;
buy any real property for the use of the PMA;
dissolve the PMA;
13. Quorum for Committee meetings
The quorum for Committee meetings may be fixed from time to time by a decision of the Committee, but it must never be fewer than three.
If the total number of members, for the time being, is less than the quorum required, the Committee must not take any decision other than a decision to adjourn the meeting.
14. Power of Committee and Officers
The Committee’s and Officers’ powers shall include, but not be limited to:
An EGM may be convened by the PMA Officers only by 75% vote ratified by the Officers on behalf of the Committee.
filling any vacancy on the Committee from among Members until the next AGM or EGM;
appointing such sub-committees as they believe necessary. Any sub-committee so appointed shall be accountable to the Committee.
employing or contracting with staff to carry out activities of the PMA;
opening and operating a bank account in the name of or on behalf of the PMA;
managing the financial affairs of the PMA;
making arrangements to provide facilities;
taking any action to promote the objectives and purposes of the PMA.
15. Committee may delegate
Subject to the Rules, the Committee may delegate matters to any person or sub-committee, as they decide:
by whatever means
to whatever extent
on whatever terms they think fit
If the Committee so specifies, any such delegation may authorise the further delegation of the Committee’s powers by any person to whom they are delegated.
The Committee may revoke any delegation in whole or part or alter its terms and conditions.
16. Committee’s expenses
The PMA may (but is not compelled to) reimburse a Committee member for payments reasonably made by them in the course of discharging their responsibilities to the PMA.
Decision making by Members
17. Annual General Meeting
The AGM of the PMA shall be held in December each year for the purpose of:
receiving the reports of the Committee and any sub-committees in relation to the PMA activities;
receiving and if thought fit, approving the accounts in respect of the preceding financial year;
fixing the subscription charges for Membership, and
dealing with any other general business of the PMA.
Each Member shall be entitled to receive 30 days’ notice of an AGM.
The notice shall state the date, time and place of the meeting, and proposals to resolve the matters set out in this rule.
A Member may raise any matter at the AGM, provided that he has given 30 days’ notice to the Committee to that effect.
18. Extraordinary General Meetings
An EGM shall be convened by the Committee within 1 day of receipt by it of a direction by 75% of the Officers.
No EGM shall take place without giving notice of the meeting to the Members.
The notice shall state the date, purpose and time of the meeting.
All meetings shall be conducted by video conference.
19. Quorum at Meetings
The quorum for an AGM or an EGM may be fixed from time to time by the Committee.
20. Voting at Meetings
In the event of equality of votes for and against a matter, the chairman shall have a casting vote.
A vote shall be carried by a simple majority of those attending and entitled to vote.
Services at the PMA
21. PMA information platforms
The PMA platforms shall be accessible to members only.
The PMA platforms shall be open 24 hours a day except for such times as it considers necessary for upkeep and maintenance.
22. PMA Introductions
Upon member’s instruction, the PMA shall introduce members to an approved and vetted party to facilitate the administration of their chosen solution(s).
Administrative Matters
23. Finance
The Accounting Year of the PMA shall be from 1st July of each year.
The PMA shall open a bank account in the name of the PMA, if required.
Any money received shall be deposited in the PMA bank account.
Every cheque drawn or other payment made from the PMA bank account shall be authorised by the Chairman or any other person as may be authorised by the Committee.
24. Dissolution
The PMA may be dissolved by a resolution passed by no less than 75% of Committee Members present and voting at an EGM convened for that purpose.
If the Members vote to dissolve the PMA, any surplus funds on the winding-up shall be distributed equally among the Members at the date of the vote to dissolve.
25. Member Obligations
25.1 to promote the best interests of the PMA.
25.2 complete a Fact Find within the information platform, detailing the Member’s circumstances.
25.3 where appropriate, to refer other suitable members to the PMA.
25.4 to comply with the NDA and PMA rules.
25.5 to inform the PMA if they are approached to provide information to any regulatory body.
25.6 to direct any questions or observations relating to the direction or strategy of the PMA via the “Questions with Iain” proforma on the information platform.
25.7 to direct any questions relating to Member individual processes to the introduced approved or vetted parties.
26. Breach of the rules
If any Member commits any material breach of their obligations under these Rules and fails to remedy the breach (if capable of remedy) within 30 days after being given
notice in writing so to do by the Committee, then that Member shall be expelled from the PMA.
Any notice given to a Member in breach shall be without prejudice to any other claim or action against the defaulting Member.
Take part in the spread of any negative information related to the PMA.
Accessing information while working for any regulatory body without disclosure of the Member’s employment status to the PMA.
27. Miscellaneous matters
Each Member undertakes to provide to the PMA their current land address, e-mail address, and telephone number as often as they are changed together with all information that may be required to communicate with them.
PMA privacy policy is strong and precise. It complies fully with the Data Protection Act 2018 which is at Privacy policy link
In any case where any part or provision of these Rules is held to be unlawful, void or unenforceable, then that part or provision shall be deemed to be removed from the Rules so as to leave valid and enforceable the remainder of the Rules.
Any communication to be served on the PMA or to the Members shall be delivered by electronic means (email, SMS etc):
It shall be deemed to have been delivered, unless rejected.
Signed by Iain Clifford Stamp
COMPLAINTS
Should you wish to make a complaint about MATRIXFREEDOM or any of it’s divisions, please use this form: Complaints
